PPP Loan information for Mandell insurance agency and financial services inc

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MANDELL INSURANCE AGENCY AND FINANCIAL SERVICES INC

Borrower Address

1020 MERRIMON AVE Suite 103

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28804-2361

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117500.00

Current Approval Amount

117500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28804-2361

CD

NC-11

Jobs Reported

8

NAICS Code

524210

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2720.00

Payroll Proceed

108000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4762.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2018.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108159.93

Forgiveness Date

11/27/2020